Your father would probably be proud of you for thinking first of paying off your credit cards, but wouldn’t he want you to at least get a little fun out of the inheritance? Buy yourself something from your wishlist, and use the rest to pay off your card. Best of both worlds!
Keep $100 bucks back and get some of the Amazon stuff. Use the rest of it to pay down debt. It’s what your dad would have wanted you to do. $100 is not so much that it’ll kill you financially either way (unless that the exact amount left remaining on the one card–then just pay it all off and treat yourself later).
Exactly how I felt when my parents passed.
Yes, why pay 27% interest to credit card companies?
I always paid off my credit cards in full and saved as well.
So now I’m coming 6000 miles to Vegas for the second year running and plan to eat well, watch shows and even play a little poker.
It’s amazing how much emotional baggage this sort of money always brings with it.
Do with it, what you want to do with it.
When my grandmother died and left me a small inheritance, I was going to spend some of it on the cruise Papa Tiger and I have been talking about for years, and then use the rest responsibly to pay off bills and such.
Instead, he got laid off just a few weeks later, so the cruise money went to help us hang in there till he got a new job. Not what I had in mind, but on retrospect, it turned out well. But I still want my cruise, dammit!
So I agree that you should spend a bit of it on something that’s a splurge. You’ll regret it if you don’t, even if you do the responsible thing with it.
The check was in today’s mail. Mom wrote a note with it on my dad’s stationery because it was his gift. She signed it
And now I’m crying.
Indeed. My eyes teared up too.
Sure, not sense using it to help yourself get out of debt and spending good money for previous fun.
If he wants to use it to do that, then fine, he should do that.
Hey, at least you get the miles, right?
You know Otto, I really wish I could give you a hug.
That was really, really sweet.
If your father would have wanted you to pay the bill, pay the bill. At least, that’s how I see things.